20.
Employment in business

Teorija

To speak about employment in business, you need the appropriate vocabulary.

Requirement - something that is needed or demanded;

Work force - the people available to work or actually employed in a particular area, industry, or company;

Employer - a person or company that pays people to work for them;

Fluctuate - to keep changing, especially in level or amount;

Depressed - a country, area, or economy does not have enough jobs or business activity;

Stagnant - economy, society, or organization does not develop or grow;

Range - the amount or number between a particular set of limits;

Highlight - to attract attention to or emphasize something important;

Monetary policy - actions taken by a government to control the amount of money in an economy and how easily available it is, for example by changing the interest rate;

Inevitable - certain to happen and unable to be avoided or prevented;

Pool - to collect something such as money in order for it to be used by several different people or groups;

Welfare - help given, especially by the state or an organization, to people who need it, especially because they do not have enough money;

Savings - the money you keep, esp. in a bank or other financial organization.

Examples.

I’m going to put some of my savings into a down payment on a car.

Your taxes pay for welfare benefits such as unemployment and sickness pay.

Depressed or stagnant economies have been known to reach unemployment rates as high as 30%, while events such as military mobilization have resulted in just 1-2% unemployment, a level that is often termed "full employment".